References

  1. Binance Academy Glossary | Source: https://academy.binance.com/en/glossary

  2. Brown University | An Empirical Study of Penny Auctions | Source: https://citeseerx.ist.psu.edu/viewdoc/download?doi=10.1.1.388.138&rep=rep1&type=pdf

  3. Centralized Auction Platform | Source: https://bounce.finance/

  4. De-Fi Auction Website | Source: https://defibids.com/

  5. Dutch Auction for Algorand | Source: https://www.youtube.com/watch?v=0xlLgteeqQE

  6. Editorial Team | 7 Major Benefits of Online Auctions | Source: https://www.wpeka.com/what-are-the-major-benefits-of-online-auctions.html

  7. IIT Kharagpur | Analysis and Modelling of Lowest Unique Bid Auctions | Source:

    http://www.facweb.iitkgp.ac.in/~niloy/PAPER/Socialcom_2014.pdf

  8. Natallia Martchouk | The History of the Financial System | Source:

    https://trimplement.com/blog/2020/08/history financesystem/#:~:text=As%20far%20back%20as%204000,of%20money%20across%20different%20countries

  9. Pontem Network | A Guide to Blockchain Auctions | Source: https://blog.pontem.network/a-guide-to-blockchain-auctions-94a76d3d8e0f#2c6a

  10. Princeton University | English and Vickery Auctions | Source: http://assets.press.princeton.edu/chapters/s8435.pdf

  11. Stanford University | Lovely but Lonely Vickery Auction | Source:

    https://web.stanford.edu/~milgrom/publishedarticles/Lovely%20but%20Lonely%20Vickrey%20Auction-072404a.pdf

  12. The Sunk Cost Fallacy in Auctions | Source: https://www.jstor.org/stable/43868457

  13. Toomas Hinnosaar | Penny Auctions | Source: http://toomas.hinnosaar.net/pennyauctions.pdf

  14. VU University Amsterdam | Unique Lowest Sealed Bid Auction | Source:

    http://citeseerx.ist.psu.edu/viewdoc/download?doi=10.1.1.329.2534&rep=rep1&type=pdf

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